Four directors of parent company of cryptocurrency exchange agent Bitgate arrested for loss compensation charges

Bonifa Coin Desk News

I write articles as a writer to make many people know the technology of cryptocurrency. We will write articles that are easy to understand for cryptocurrency beginners.

On the 20th, Tokyo District Public Prosecutors Office, which financed about 64 million yen in losses of 8 customers, with 4 persons, including Mr. Yasuhiro Hayashi (58), director of Togo Securities Co., Ltd., which owns both of the cryptocurrency exchanges The Asahi Shimbun has reportedly arrestedhimfor suspicion of the Commodity Trading Law violation (loss compensation) .

Yasuhiro Hayashi is a former Yomiuri Giants professional baseball player, who joined the drafter in 1979 as a pitcher.

According to the announcement, Mr. Hayashi will compensate for about 69 million yen in total for the eight customers who lost losses in foreign exchange margin trading (FX) from July 2016 to January this year. It is said that there is a suspicion.

According to officials, Hayashi had denied charges for any hearing before his arrest.

Hayashi is the representative director of Togo Securities’s parent company, and the Tokusatsu department appears to have managed Togo Securities substantially.

Article Source: Asahi Shimbun

Related articles From the same writer

Popular articles of the same category

Disclaimer: CoinNewsDesk.com is a crypto news portal, financial discussion forum, and content curator / aggregator. Articles on Coin News Desk are provided for entertainment and informational purposes only. We are not an investment advisor and do not provide financial advice.

Please check the articles which have not been reviewed and verified all articles posted on CoinNewsDesk.com. Please independently research and verify any information found here before relying on facts. It is also important to do proper due diligence and analysis, including involving disciplines No content on Coin News Desk makes up a recommendation to enter in any type of investment or any investment in any investment strategy presented on this website. before making any decision regarding investments or your personal finances.